Bank of Spain


Forty years of democratic Spain: Haves and have-nots of labour market

October marks a new low level of NPLs in Spain

Spanish banks NPLs ratio fell to 8.22% in October, over one percentage point lower than a year earlier. Recently published figures from the Bank of Spain show that the pace of the decline in NPLs accelerated in October, registering an anual 12.52% drop (-11.64% in September).




Private debt in Spain is adjusting

The Process Of Private Debt Adjustment In Spain May Be Nearing An End

Financial institutions, companies and households have continued to adjust the debt accumulated in the first half of the year. In the case of non-financial companies and households, their level of debt is increasingly closer to the European average, against a backdrop of greater economic growth and preference for home ownership.






Economy at a glance: the bank of Spain forecasts

Bank Of Spain Wants To Change Provisions Circular Ahead Of International Normative

The Bank of Spain (BoS) wants to modify the recent circular 4/2016 which regulates the method for calculating provisions in the sector. Under the IASB normative, expected to be introduced on a European-wide level on 1 January 2018, provisions will be calculated according to the expected loss in a credit transaction and not according to the loss incurred as up to now.